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Elon Musk pledges ‘maximum transparency’ in new DOGE role, complete with suggestion box and leaderboard for worst examples of government waste | Fortune

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leaderboard for worst examples of government waste</h1><div class="sc-1b197338-3 eAUloF"><div data-cy="article-author-and-date" class="sc-1b197338-4 kSuJSK"><div class="sc-1b197338-5 hVFrww"><div class="sc-cc7d6b4a-0 lNYKf article-info"><span class="sc-cc7d6b4a-2 gYLbUA by-text">BY</span><span class="sc-cc7d6b4a-3 jdpmmF list-item-wrapper"><a href="https://fortune.com/author/christiaan-hetzner/" target="_self" class="sc-93594058-0 caCSpL styled-custom-link " data-cy="by-line-author" rel="author" aria-label="Go to Christiaan Hetzner author&#x27;s page">Christiaan Hetzner</a></span></div></div><div class="sc-1b197338-6 bGyoBg"></div></div><div class="sc-dd958c2-0 glqbtz"><div class="sc-dd958c2-2 fIciQk article-redesign"><div role="button" tabindex="0" aria-label="share-button"><svg class="share-icon" width="30" height="33" aria-hidden="true" viewBox="0 0 30 33" xmlns="http://www.w3.org/2000/svg"><path d="M25.1306 32.8766C23.843 32.8766 22.7402 32.4177 21.8224 31.4999C20.9046 30.5821 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50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http://www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 768 512&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeColorMatrix values=&#x27;1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 100 -1&#x27; result=&#x27;s&#x27;/%3E%3CfeFlood x=&#x27;0&#x27; y=&#x27;0&#x27; width=&#x27;100%25&#x27; height=&#x27;100%25&#x27;/%3E%3CfeComposite operator=&#x27;out&#x27; in=&#x27;s&#x27;/%3E%3CfeComposite in2=&#x27;SourceGraphic&#x27;/%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3C/filter%3E%3Cimage width=&#x27;100%25&#x27; height=&#x27;100%25&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; preserveAspectRatio=&#x27;none&#x27; style=&#x27;filter: url(%23b);&#x27; href=&#x27;data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mO8fv1mPQAIHAMIsIR6agAAAABJRU5ErkJggg==&#x27;/%3E%3C/svg%3E&quot;)" sizes="100vw" srcSet="https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?w=320&amp;q=75 320w, https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?w=384&amp;q=75 384w, https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?w=480&amp;q=75 480w, https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?w=576&amp;q=75 576w, https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?w=768&amp;q=75 768w, https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?w=1024&amp;q=75 1024w, https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?w=1280&amp;q=75 1280w, https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?w=1440&amp;q=75 1440w" src="https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?w=1440&amp;q=75"/><div data-cy="caption" class="sc-762dcccc-9 fbephs">Elon Musk plans to make the process of eliminating government waste as transparent as possible.</div><div data-cy="credit" class="sc-762dcccc-10 ebMnGM">Alex Wong—Getty Images</div></div></div><div class="sc-9d11c37b-6 ccKQGH trinity-player"><div class="trinity-tts-pb" dir="ltr"></div></div><div class="sc-9d11c37b-1 gGsili"><div class="sc-9d11c37b-2 diFVtX"><div id="article-content" class="sc-9d11c37b-3 kZBgtU"><div><div data-cy="article-content" class="rawHtml-content-no-nativo"><p>Elon Musk plans to turn his newly appointed role slashing U.S. government bureaucracy into a game.</p><div class="paywall-selector"></div><div class="paywall"> <p>Appointed to run the newly created “Department of Government Efficiency”, or DOGE, the <a href="https://fortune.com/company/tesla/" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/company/tesla/">Tesla</a> CEO aims to make the experience both transparent and interactive by enlisting the help of the American taxpayer. This would include a virtual suggestion box as well as ranking some of the worst examples of federal waste.</p><div class="related-video-container hidden"><div class="sc-b2504c1d-0 dTxuPI"><div class="sc-c5bbce56-0 ipVLKc"></div><div class="sc-c5bbce56-0 gZwXGO video-placeholder"></div></div></div> <p> “We will also have a leaderboard for most insanely dumb spending of your tax dollars,” Musk <a href="https://x.com/elonmusk/status/1856520760656797801" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://x.com/elonmusk/status/1856520760656797801" rel="noopener">posted</a>. “The entertainment value will be <a href="https://x.com/elonmusk/status/1856524169338314838" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://x.com/elonmusk/status/1856524169338314838" rel="noopener">epic</a>.”</p> <p>Late on Tuesday, the Trump transition team <a href="https://fortune.com/2024/11/12/trump-musk-ramaswamy-government-efficiency-doge-dogecoin/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks" target="_self" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/2024/11/12/trump-musk-ramaswamy-government-efficiency-doge-dogecoin/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks">announced</a> it had picked Musk to run DOGE, a newly created entity named after Musk’s favorite cryptocurrency. (However, DOGE is not a real department, like the State Department, because only <a href="https://constitution.congress.gov/browse/essay/artII-S2-C2-3-6/ALDE_00000012/" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://constitution.congress.gov/browse/essay/artII-S2-C2-3-6/ALDE_00000012/" rel="noopener">Congress has the power to create new departments</a>.)</p> <p>Together with former Republican presidential candidate Vivek Ramaswamy, Musk has been tasked with slashing regulations and expenditure deemed either excessive or wasteful, restructuring federal agencies and, last but not least, dismantling the bureaucracy. </p> <p>Musk said Americans were welcome to bombard him with suggestions for where he should wield his axe. “Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know,” he wrote, adding that “all actions of the Department of Government Efficiency will be posted online for maximum transparency.”</p> <h2 class="wp-block-heading">Fulfilling a long held Republican dream</h2> <p>“Republican politicians have dreamed about the objectives of ‘DOGE’ for a very long time,” Trump wrote in a statement issued by his campaign transition team. </p> <p>In the fiscal year that ended on Sept. 30, the federal government spent <a href="https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/" rel="noopener">$6.75 trillion</a>, more than the <a href="https://fiscaldata.treasury.gov/americas-finance-guide/" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fiscaldata.treasury.gov/americas-finance-guide/" rel="noopener">$4.92 trillion</a> raised in taxes and duties. </p> <p>The remainder, raised through the issue of interest-bearing Treasury notes that are subject to the appetite of the <a href="https://fortune.com/2024/10/26/us-debt-crisis-bond-vigilantes-election-trump-harris-deficit-jerome-powell-fed-rate-cut/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks" target="_self" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/2024/10/26/us-debt-crisis-bond-vigilantes-election-trump-harris-deficit-jerome-powell-fed-rate-cut/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks">bond market</a>, has contributed to the <a href="https://fortune.com/2024/09/10/national-debt-brian-moynihan-bank-of-america/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks" target="_self" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/2024/09/10/national-debt-brian-moynihan-bank-of-america/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks">ballooning</a> of the <a href="https://fortune.com/2024/07/16/larry-fink-national-debt-burden-future-generations/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks" target="_self" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/2024/07/16/larry-fink-national-debt-burden-future-generations/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks">national debt</a>. Investors including <a href="https://fortune.com/2024/10/23/donald-trump-kamala-harris-election-national-debt-inflation-paul-tudor-jones/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks" target="_self" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/2024/10/23/donald-trump-kamala-harris-election-national-debt-inflation-paul-tudor-jones/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks">hedge fund legend</a> Paul Tudor Jones have likened the debt to a <a href="https://fortune.com/2024/02/07/paul-tudor-jones-debt-bomb-u-s-deficit/" target="_self" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/2024/02/07/paul-tudor-jones-debt-bomb-u-s-deficit/">ticking time bomb</a>.</p> <p>In a similar comparison, the President-elect likened DOGE itself to the creation of atomic weapons: “It will become, potentially, ‘The Manhattan Project’ of our time.”</p> <p>Trump said the work of Musk and Ramaswamy would conclude no later than the Fourth of July in 2026, as a gift to the American people on the 250th anniversary of the country’s founding. </p> <h2 class="wp-block-heading">‘DOGE’ to soon begin crowdsourcing ideas </h2> <p>Ramaswamy, a native of Cincinnati, said his work on the new taskforce was more important than his own personal ambition to run for the Ohio senate seat that will be vacated by Vice-President-elect J.D. Vance. </p> <p>Declaring he was <a href="https://x.com/VivekGRamaswamy/status/1856514211783794844" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://x.com/VivekGRamaswamy/status/1856514211783794844" rel="noopener">bowing out of contention</a>, Ramaswamy said he was already going to start fielding suggestions before the Trump administration even takes office.</p><div data-cy="nativoTout"></div> <p>“DOGE will soon begin crowdsourcing examples of government waste, fraud and abuse,” he <a href="https://x.com/VivekGRamaswamy/status/1856538974384255206" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://x.com/VivekGRamaswamy/status/1856538974384255206" rel="noopener">wrote</a>. “Americans voted for drastic government reform and they deserve to be part of fixing it.”</p> <p>There is however already an authority tasked with auditing Uncle Sam and rooting out wasteful or fraudulent spending of taxpayer dollars—the Government Accountability Office. </p> <p>How the new DOGE taskforce would coordinate its role with the GAO remains unclear, as does the question of what this could mean for Musk’s other businesses. </p> <p>The entrepreneur already splits his time between numerous responsibilities running Tesla, <a href="https://fortune.com/company/spacex/" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/company/spacex/">SpaceX</a>, Neuralink and his latest artificial intelligence startup xAI. He also owns social media platform <a href="https://fortune.com/company/twitter/" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/company/twitter/">X</a>, where he runs its product development operations. </p> <p>Neither Elon Musk nor the Trump campaign responded to a request for comment from <em>Fortune</em>.</p> <h2 class="wp-block-heading">Precious little maneuvering room</h2> <p>The <a href="https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/" rel="noopener">$1.83 trillion</a> shortfall in the most recent annual federal budget, the <a href="https://www.reuters.com/markets/us/us-budget-deficit-tops-18-trillion-fiscal-2024-third-largest-record-2024-10-18/" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://www.reuters.com/markets/us/us-budget-deficit-tops-18-trillion-fiscal-2024-third-largest-record-2024-10-18/" rel="noopener">third highest in history</a>, has economists and business leaders including Musk worried that the U.S. government is on the <a href="https://x.com/elonmusk/status/1829485522873623014" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://x.com/elonmusk/status/1829485522873623014" rel="noopener">fast lane to bankruptcy</a>.   </p> <p>Were Musk to be successful in <a href="https://fortune.com/2024/10/28/elon-musk-cut-2-trillion-federal-budget-trump-rally/" target="_self" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/2024/10/28/elon-musk-cut-2-trillion-federal-budget-trump-rally/">lopping off $2 trillion</a> from the government bill, he would effectively turn the U.S. from running a deficit into a fiscal surplus. Given the last time Uncle Sam was in the black came around the <a href="https://www.cbpp.org/sites/default/files/archive/8-22-01bud3.htm" target="_blank" class="sc-93594058-0 fowfrQ " aria-label="Go to https://www.cbpp.org/sites/default/files/archive/8-22-01bud3.htm" rel="noopener">turn of the century</a>, it would be a herculean feat even for someone as business-savvy as Musk. </p> <p>But it’s entirely unclear from where these savings will come as there’s usually very little maneuvering room so long as the main driver—entitlements—remains untouched.</p> <p>Typically two-thirds of federal spending is mandatory, including Social Security and Medicare. A much smaller chunk classified as discretionary is approved by Congress every year, with the single biggest line item going towards defense. Finally, about a tenth of the budget is earmarked for servicing the national debt.</p></div><div class="sc-30bdb254-0 kxagCu article" data-cy="subscriptionPlea"><b>How many degrees of separation are you from the globe&#x27;s most powerful business leaders? </b>Explore who made our brand-new list of the <a href="https://fortune.com/ranking/most-powerful-people/?&amp;itm_source=fortune&amp;itm_medium=article_tout" target="_self" class="sc-93594058-0 fowfrQ " aria-label="Go to https://fortune.com/ranking/most-powerful-people/?&amp;itm_source=fortune&amp;itm_medium=article_tout">100 Most Powerful People in Business</a>. Plus, learn about the metrics we used to make it.</div></div></div><div class="sc-d331eee9-11 grvWtf"><div class="sc-d331eee9-10 cYdiLE simple"></div></div><div class="sc-9d11c37b-5 czxqeH"></div></div><div class="sc-6cf2855c-0 kExlxv latest-popular-module"><div class="sc-6cf2855c-3 arJkf heading"><h2 class="sc-3358ecfd-0 sc-6cf2855c-4 iHarim dpCFYu latest-popular-title">Latest in Politics</h2></div><ul data-cy="post-list" class="sc-6cf2855c-1 kHgwqz latest-popular-content"><li class="sc-6cf2855c-2 lmrGQL content-wrapper"><span class="sc-6cf2855c-5 gngcCZ time-ago-wrapper">0 minutes ago</span><div class="sc-e3c4bc02-0 dvEGRk content"><div class="sc-e3c4bc02-1 dcxLXD card"><img alt="Elon Musk listens" loading="lazy" width="735" height="490" decoding="async" data-nimg="1" class="card-image" style="color:transparent;height:auto;object-fit:cover;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http://www.w3.org/2000/svg&#x27; 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pistol that went off by itself","titleLink":"https://fortune.com/2024/11/21/gunmaker-sig-sauer-ordered-pay-11-million-philadelphia-man-wounded-pistol/?itm_source=parsely-api"},{"authors":[{"name":"Orianna Rosa Royle","uri":"/author/orianna-royle","__typename":"MostPopularAuthors","email":"","image":"","sameAs":"","type":"","url":"/author/orianna-royle/"}],"contentType":null,"date":"2024-11-22T11:33:29","dateFormatted":"November 22, 2024","dateGMT":"2024-11-22T11:33:29","dateGMTFormatted":"November 22, 2024","dateUpdated":"2024-11-22T13:46:40","dateUpdatedFormatted":"November 22, 2024","dateUpdatedGMT":"2024-11-22T18:46:40","dateUpdatedGMTFormatted":"November 22, 2024","excerpt":"Acronyms to make the list include IRL and WFH—despite the latter dominating workplace conversations for well over four years.","eyebrowSectionLabel":"Success","eyebrowSectionLink":"/section/success","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-1091917536-e1732272210927.jpg"},"title":"Bosses: Gen Z and millennial workers have no clue what you’re talking about when you use these acronyms","titleLink":"https://fortune.com/2024/11/22/bosses-workers-no-clue-what-youre-talking-about-acronyms-kpi-crm-vpn/?itm_source=parsely-api"},{"authors":[{"name":"Ryan Hogg","uri":"/author/ryan-hogg","__typename":"MostPopularAuthors","email":"","image":"","sameAs":"","type":"","url":"/author/ryan-hogg/"}],"contentType":null,"date":"2024-11-22T14:43:57","dateFormatted":"November 22, 2024","dateGMT":"2024-11-22T14:43:57","dateGMTFormatted":"November 22, 2024","dateUpdated":"2024-11-22T10:58:58","dateUpdatedFormatted":"November 22, 2024","dateUpdatedGMT":"2024-11-22T15:58:58","dateUpdatedGMTFormatted":"November 22, 2024","excerpt":"The €92 billion conglomerate Bosch is cutting hours and pay for hundreds of staff thanks to a \"difficult economic situation.\"","eyebrowSectionLabel":"Tech","eyebrowSectionLink":"/section/tech","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2171781678-e1732285199111.jpg"},"title":"German giant Bosch becomes latest firm to give employees unwanted 4-day week as economy falters","titleLink":"https://fortune.com/europe/2024/11/22/german-giant-bosch-employees-unwanted-4-day-week/?itm_source=parsely-api"}],"subdomain":"own","footer":{"footerDisclaimer":"\u003cp\u003e© 2024 Fortune Media IP Limited. 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Hetzner","sameAs":"","type":"Person","uri":"/author/christiaan-hetzner/","url":"https://fortune.com/author/christiaan-hetzner/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"https://www.instagram.com/the_hetzman/","linkedinUrl":"https://www.linkedin.com/in/christiaan-hetzner-99154311/","twitterUrl":"https://twitter.com/christiaanhtznr","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"breadcrumbs":{"items":[]},"bypassPaywall":{"postBypassLinkEnabled":"","postBypassLinkUnique":""},"canonicalUrl":null,"channel":"Politics","content":"\u003cp\u003eElon Musk plans to turn his newly appointed role slashing U.S. government bureaucracy into a game.\u003c/p\u003e\u003cdiv class=\"paywall-selector\"\u003e\u003c/div\u003e\u003cdiv class=\"paywall\"\u003e\n\n\n\n\u003cp\u003eAppointed to run the newly created \u0026#8220;Department of Government Efficiency\u0026#8221;, or DOGE,\u0026nbsp;the \u003ca href=\"https://fortune.com/company/tesla/\" target=\"_blank\"\u003eTesla\u003c/a\u003e CEO\u0026nbsp;aims to make the experience both transparent and interactive by enlisting the help of the American taxpayer.\u0026nbsp;This would include a virtual suggestion box as well as ranking some of the worst examples of federal waste.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026nbsp;“We will also have a leaderboard for most insanely dumb spending of your tax dollars,” Musk\u0026nbsp;\u003ca href=\"https://x.com/elonmusk/status/1856520760656797801\"\u003eposted\u003c/a\u003e. “The entertainment value will be\u0026nbsp;\u003ca href=\"https://x.com/elonmusk/status/1856524169338314838\"\u003eepic\u003c/a\u003e.”\u003c/p\u003e\n\n\n\n\u003cp\u003eLate on Tuesday, the Trump transition team \u003ca href=\"https://fortune.com/2024/11/12/trump-musk-ramaswamy-government-efficiency-doge-dogecoin/?utm_source=search\u0026amp;utm_medium=suggested_search\u0026amp;utm_campaign=search_link_clicks\"\u003eannounced\u003c/a\u003e it had picked Musk to run DOGE, a newly created entity named after Musk’s favorite cryptocurrency. (However, DOGE is not a real department, like the State Department, because only \u003ca href=\"https://constitution.congress.gov/browse/essay/artII-S2-C2-3-6/ALDE_00000012/\"\u003eCongress has the power to create new departments\u003c/a\u003e.)\u003c/p\u003e\n\n\n\n\u003cp\u003eTogether with former Republican presidential candidate Vivek Ramaswamy, Musk has been tasked with slashing regulations and expenditure deemed either excessive or wasteful, restructuring federal agencies and, last but not least, dismantling the bureaucracy. \u003c/p\u003e\n\n\n\n\u003cp\u003eMusk said Americans were welcome to bombard him with suggestions for where he should wield his axe. \u0026#8220;Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know,\u0026#8221; he wrote, adding that \u0026#8220;all actions of the Department of Government Efficiency will be posted online for maximum transparency.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eFulfilling a long held Republican dream\u003c/h2\u003e\n\n\n\n\u003cp\u003e“Republican politicians have dreamed about the objectives of ‘DOGE’ for a very long time,” Trump wrote in a statement issued by his campaign transition team.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eIn the fiscal year that ended on Sept. 30, the federal government spent \u003ca href=\"https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/\"\u003e$6.75 trillion\u003c/a\u003e, more than the \u003ca href=\"https://fiscaldata.treasury.gov/americas-finance-guide/\"\u003e$4.92 trillion\u003c/a\u003e raised in taxes and duties. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe remainder, raised through the issue of interest-bearing Treasury notes that are subject to the appetite of the \u003ca href=\"https://fortune.com/2024/10/26/us-debt-crisis-bond-vigilantes-election-trump-harris-deficit-jerome-powell-fed-rate-cut/?utm_source=search\u0026amp;utm_medium=suggested_search\u0026amp;utm_campaign=search_link_clicks\"\u003ebond market\u003c/a\u003e, has contributed to the \u003ca href=\"https://fortune.com/2024/09/10/national-debt-brian-moynihan-bank-of-america/?utm_source=search\u0026amp;utm_medium=suggested_search\u0026amp;utm_campaign=search_link_clicks\"\u003eballooning\u003c/a\u003e of the \u003ca href=\"https://fortune.com/2024/07/16/larry-fink-national-debt-burden-future-generations/?utm_source=search\u0026amp;utm_medium=suggested_search\u0026amp;utm_campaign=search_link_clicks\"\u003enational debt\u003c/a\u003e. Investors including \u003ca href=\"https://fortune.com/2024/10/23/donald-trump-kamala-harris-election-national-debt-inflation-paul-tudor-jones/?utm_source=search\u0026amp;utm_medium=suggested_search\u0026amp;utm_campaign=search_link_clicks\"\u003ehedge fund legend\u003c/a\u003e Paul Tudor Jones have likened the debt to a \u003ca href=\"https://fortune.com/2024/02/07/paul-tudor-jones-debt-bomb-u-s-deficit/\"\u003eticking time bomb\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn a similar comparison, the President-elect likened DOGE itself to the creation of atomic weapons: “It will become, potentially, ‘The Manhattan Project’ of our time.”\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump said the work of Musk and Ramaswamy would conclude no later than the Fourth of July in 2026, as a gift to the American people on the 250th anniversary of the country’s founding. \u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003e\u0026#8216;DOGE\u0026#8217; to soon begin crowdsourcing ideas \u003c/h2\u003e\n\n\n\n\u003cp\u003eRamaswamy, a native of Cincinnati, said his work on the new taskforce was more important than his own personal ambition to run for the Ohio senate seat that will be vacated by Vice-President-elect J.D. Vance.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eDeclaring he was \u003ca href=\"https://x.com/VivekGRamaswamy/status/1856514211783794844\"\u003ebowing out of contention\u003c/a\u003e, Ramaswamy said he was already going to start fielding suggestions before the Trump administration even takes office.\u003c/p\u003e\n\n\n\n\u003cp\u003e“DOGE will soon begin crowdsourcing examples of government waste, fraud and abuse,” he\u0026nbsp;\u003ca href=\"https://x.com/VivekGRamaswamy/status/1856538974384255206\"\u003ewrote\u003c/a\u003e. “Americans voted for drastic government reform and they deserve to be part of fixing it.”\u003c/p\u003e\n\n\n\n\u003cp\u003eThere is however already an authority tasked with auditing Uncle Sam and rooting out wasteful or fraudulent spending of taxpayer dollars—the Government Accountability Office.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eHow the new DOGE taskforce would coordinate its role with the GAO remains unclear, as does the question of what this could mean for Musk’s other businesses.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe entrepreneur already splits his time between numerous responsibilities running Tesla, \u003ca href=\"https://fortune.com/company/spacex/\" target=\"_blank\"\u003eSpaceX\u003c/a\u003e, Neuralink and his latest artificial intelligence startup xAI. He also owns social media platform \u003ca href=\"https://fortune.com/company/twitter/\" target=\"_blank\"\u003eX\u003c/a\u003e, where he runs its product development operations.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eNeither Elon Musk nor the Trump campaign responded to a request for comment from\u0026nbsp;\u003cem\u003eFortune\u003c/em\u003e.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003ePrecious little maneuvering room\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe\u0026nbsp;\u003ca href=\"https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/\"\u003e$1.83 trillion\u003c/a\u003e\u0026nbsp;shortfall in the most recent annual federal budget, the\u0026nbsp;\u003ca href=\"https://www.reuters.com/markets/us/us-budget-deficit-tops-18-trillion-fiscal-2024-third-largest-record-2024-10-18/\"\u003ethird highest in history\u003c/a\u003e, has economists and business leaders including Musk worried that the U.S. government is on the\u0026nbsp;\u003ca href=\"https://x.com/elonmusk/status/1829485522873623014\"\u003efast lane to bankruptcy\u003c/a\u003e.\u0026nbsp;\u0026nbsp;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eWere Musk to be successful in\u0026nbsp;\u003ca href=\"https://fortune.com/2024/10/28/elon-musk-cut-2-trillion-federal-budget-trump-rally/\"\u003elopping off $2 trillion\u003c/a\u003e\u0026nbsp;from the government bill, he would effectively turn the U.S. from running a deficit into a fiscal surplus. Given the last time Uncle Sam was in the black came around the\u0026nbsp;\u003ca href=\"https://www.cbpp.org/sites/default/files/archive/8-22-01bud3.htm\"\u003eturn of the century\u003c/a\u003e, it would be a herculean feat even for someone as business-savvy as Musk.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eBut it’s entirely unclear from where these savings will come as there’s usually very little maneuvering room so long as the main driver—entitlements—remains untouched.\u003c/p\u003e\n\n\n\n\u003cp\u003eTypically two-thirds of federal spending is mandatory, including Social Security and Medicare. A much smaller chunk classified as discretionary is approved by Congress every year, with the single biggest line item going towards defense. Finally, about a tenth of the budget is earmarked for servicing the national debt.\u003c/p\u003e\u003c/div\u003e","databaseId":4069018,"dateGmt":"2024-11-13T13:19:18","dek":"","description":"Elon Musk plans to make the process of eliminating government waste as transparent and interactive as possible: 'The entertainment value will be epic.'","faq":[],"featuredMediaType":"image","floatingNavContent":"","floatingNavTitle":"","footnotes":null,"id":"cG9zdDo0MDY5MDE4","image":"https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?resize=1200,600","imageCaption":"Elon Musk plans to make the process of eliminating government waste as transparent as possible.","imageCredit":"Alex Wong—Getty Images","keywords":"","link":"https://fortune.com/2024/11/13/elon-musk-doge-tesla-government-efficiency-donald-trump-white-house/","metaTitle":"Elon Musk pledges ‘maximum transparency’ in new DOGE role, complete with suggestion box and leaderboard for worst examples of government waste","modifiedGmt":"2024-11-13T13:19:41","pageType":"article","platformCD":"own","postId":4069018,"postSettings":{"postSettingsDek":null,"enableSubscriptionPlea":true,"subscriptionPleaDesign":"with-bottom-border","subscriptionPleaPosition":null,"subscriptionPleaTextLined":"\u003cb\u003eHow many degrees of separation are you from the globe's most powerful business leaders? \u003c/b\u003eExplore who made our brand-new list of the \u003ca href=\"https://fortune.com/ranking/most-powerful-people/?\u0026itm_source=fortune\u0026itm_medium=article_tout\"\u003e100 Most Powerful People in Business\u003c/a\u003e. Plus, learn about the metrics we used to make it.","bylineCommentary":null,"mediaItem":{"altText":"Elon Musk Holds Town Hall With Pennsylvania Voters In Montgomery County","caption":"OAKS, PENNSYLVANIA - OCTOBER 18: SpaceX and Tesla founder Elon Musk speaks during a town hall for Republican presidential nominee, former U.S. President Donald Trump at the The Greater Philadelphia Expo Center \u0026amp; Fairgrounds on October 18, 2024 in Oaks, Pennsylvania. Musk is campaigning for former U.S. President Donald Trump and is urging his supporters to take advantage of absentee and early voting in what is expected to be a tight race in Pennsylvania. (Photo by Alex Wong/Getty Images)","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg"},"__typename":"Settings"},"premiumCategory":{"name":"F-Search","premiumCategoryId":447850669,"link":"https://fortune.com/?taxonomy=premium_categories\u0026term=f-search-free","__typename":"BrandedArticlePremiumCategoryFieldsFields"},"primaryPostTag":{"name":"Elon 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Hetzner","sameAs":"","type":"Person","uri":"/author/christiaan-hetzner/","url":"https://fortune.com/author/christiaan-hetzner/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"https://www.instagram.com/the_hetzman/","linkedinUrl":"https://www.linkedin.com/in/christiaan-hetzner-99154311/","twitterUrl":"https://twitter.com/christiaanhtznr","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"breadcrumbs":{"items":[]},"bypassPaywall":{"postBypassLinkEnabled":"","postBypassLinkUnique":""},"canonicalUrl":null,"channel":"Politics","content":"\u003cp\u003eElon Musk plans to turn his newly appointed role slashing U.S. government bureaucracy into a game.\u003c/p\u003e\u003cdiv class=\"paywall-selector\"\u003e\u003c/div\u003e\u003cdiv class=\"paywall\"\u003e\n\n\n\n\u003cp\u003eAppointed to run the newly created \u0026#8220;Department of Government Efficiency\u0026#8221;, or DOGE,\u0026nbsp;the \u003ca href=\"https://fortune.com/company/tesla/\" target=\"_blank\"\u003eTesla\u003c/a\u003e CEO\u0026nbsp;aims to make the experience both transparent and interactive by enlisting the help of the American taxpayer.\u0026nbsp;This would include a virtual suggestion box as well as ranking some of the worst examples of federal waste.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026nbsp;“We will also have a leaderboard for most insanely dumb spending of your tax dollars,” Musk\u0026nbsp;\u003ca href=\"https://x.com/elonmusk/status/1856520760656797801\"\u003eposted\u003c/a\u003e. “The entertainment value will be\u0026nbsp;\u003ca href=\"https://x.com/elonmusk/status/1856524169338314838\"\u003eepic\u003c/a\u003e.”\u003c/p\u003e\n\n\n\n\u003cp\u003eLate on Tuesday, the Trump transition team \u003ca href=\"https://fortune.com/2024/11/12/trump-musk-ramaswamy-government-efficiency-doge-dogecoin/?utm_source=search\u0026amp;utm_medium=suggested_search\u0026amp;utm_campaign=search_link_clicks\"\u003eannounced\u003c/a\u003e it had picked Musk to run DOGE, a newly created entity named after Musk’s favorite cryptocurrency. (However, DOGE is not a real department, like the State Department, because only \u003ca href=\"https://constitution.congress.gov/browse/essay/artII-S2-C2-3-6/ALDE_00000012/\"\u003eCongress has the power to create new departments\u003c/a\u003e.)\u003c/p\u003e\n\n\n\n\u003cp\u003eTogether with former Republican presidential candidate Vivek Ramaswamy, Musk has been tasked with slashing regulations and expenditure deemed either excessive or wasteful, restructuring federal agencies and, last but not least, dismantling the bureaucracy. \u003c/p\u003e\n\n\n\n\u003cp\u003eMusk said Americans were welcome to bombard him with suggestions for where he should wield his axe. \u0026#8220;Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know,\u0026#8221; he wrote, adding that \u0026#8220;all actions of the Department of Government Efficiency will be posted online for maximum transparency.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eFulfilling a long held Republican dream\u003c/h2\u003e\n\n\n\n\u003cp\u003e“Republican politicians have dreamed about the objectives of ‘DOGE’ for a very long time,” Trump wrote in a statement issued by his campaign transition team.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eIn the fiscal year that ended on Sept. 30, the federal government spent \u003ca href=\"https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/\"\u003e$6.75 trillion\u003c/a\u003e, more than the \u003ca href=\"https://fiscaldata.treasury.gov/americas-finance-guide/\"\u003e$4.92 trillion\u003c/a\u003e raised in taxes and duties. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe remainder, raised through the issue of interest-bearing Treasury notes that are subject to the appetite of the \u003ca href=\"https://fortune.com/2024/10/26/us-debt-crisis-bond-vigilantes-election-trump-harris-deficit-jerome-powell-fed-rate-cut/?utm_source=search\u0026amp;utm_medium=suggested_search\u0026amp;utm_campaign=search_link_clicks\"\u003ebond market\u003c/a\u003e, has contributed to the \u003ca href=\"https://fortune.com/2024/09/10/national-debt-brian-moynihan-bank-of-america/?utm_source=search\u0026amp;utm_medium=suggested_search\u0026amp;utm_campaign=search_link_clicks\"\u003eballooning\u003c/a\u003e of the \u003ca href=\"https://fortune.com/2024/07/16/larry-fink-national-debt-burden-future-generations/?utm_source=search\u0026amp;utm_medium=suggested_search\u0026amp;utm_campaign=search_link_clicks\"\u003enational debt\u003c/a\u003e. Investors including \u003ca href=\"https://fortune.com/2024/10/23/donald-trump-kamala-harris-election-national-debt-inflation-paul-tudor-jones/?utm_source=search\u0026amp;utm_medium=suggested_search\u0026amp;utm_campaign=search_link_clicks\"\u003ehedge fund legend\u003c/a\u003e Paul Tudor Jones have likened the debt to a \u003ca href=\"https://fortune.com/2024/02/07/paul-tudor-jones-debt-bomb-u-s-deficit/\"\u003eticking time bomb\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn a similar comparison, the President-elect likened DOGE itself to the creation of atomic weapons: “It will become, potentially, ‘The Manhattan Project’ of our time.”\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump said the work of Musk and Ramaswamy would conclude no later than the Fourth of July in 2026, as a gift to the American people on the 250th anniversary of the country’s founding. \u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003e\u0026#8216;DOGE\u0026#8217; to soon begin crowdsourcing ideas \u003c/h2\u003e\n\n\n\n\u003cp\u003eRamaswamy, a native of Cincinnati, said his work on the new taskforce was more important than his own personal ambition to run for the Ohio senate seat that will be vacated by Vice-President-elect J.D. Vance.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eDeclaring he was \u003ca href=\"https://x.com/VivekGRamaswamy/status/1856514211783794844\"\u003ebowing out of contention\u003c/a\u003e, Ramaswamy said he was already going to start fielding suggestions before the Trump administration even takes office.\u003c/p\u003e\n\n\n\n\u003cp\u003e“DOGE will soon begin crowdsourcing examples of government waste, fraud and abuse,” he\u0026nbsp;\u003ca href=\"https://x.com/VivekGRamaswamy/status/1856538974384255206\"\u003ewrote\u003c/a\u003e. “Americans voted for drastic government reform and they deserve to be part of fixing it.”\u003c/p\u003e\n\n\n\n\u003cp\u003eThere is however already an authority tasked with auditing Uncle Sam and rooting out wasteful or fraudulent spending of taxpayer dollars—the Government Accountability Office.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eHow the new DOGE taskforce would coordinate its role with the GAO remains unclear, as does the question of what this could mean for Musk’s other businesses.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe entrepreneur already splits his time between numerous responsibilities running Tesla, \u003ca href=\"https://fortune.com/company/spacex/\" target=\"_blank\"\u003eSpaceX\u003c/a\u003e, Neuralink and his latest artificial intelligence startup xAI. He also owns social media platform \u003ca href=\"https://fortune.com/company/twitter/\" target=\"_blank\"\u003eX\u003c/a\u003e, where he runs its product development operations.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eNeither Elon Musk nor the Trump campaign responded to a request for comment from\u0026nbsp;\u003cem\u003eFortune\u003c/em\u003e.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003ePrecious little maneuvering room\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe\u0026nbsp;\u003ca href=\"https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/\"\u003e$1.83 trillion\u003c/a\u003e\u0026nbsp;shortfall in the most recent annual federal budget, the\u0026nbsp;\u003ca href=\"https://www.reuters.com/markets/us/us-budget-deficit-tops-18-trillion-fiscal-2024-third-largest-record-2024-10-18/\"\u003ethird highest in history\u003c/a\u003e, has economists and business leaders including Musk worried that the U.S. government is on the\u0026nbsp;\u003ca href=\"https://x.com/elonmusk/status/1829485522873623014\"\u003efast lane to bankruptcy\u003c/a\u003e.\u0026nbsp;\u0026nbsp;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eWere Musk to be successful in\u0026nbsp;\u003ca href=\"https://fortune.com/2024/10/28/elon-musk-cut-2-trillion-federal-budget-trump-rally/\"\u003elopping off $2 trillion\u003c/a\u003e\u0026nbsp;from the government bill, he would effectively turn the U.S. from running a deficit into a fiscal surplus. Given the last time Uncle Sam was in the black came around the\u0026nbsp;\u003ca href=\"https://www.cbpp.org/sites/default/files/archive/8-22-01bud3.htm\"\u003eturn of the century\u003c/a\u003e, it would be a herculean feat even for someone as business-savvy as Musk.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eBut it’s entirely unclear from where these savings will come as there’s usually very little maneuvering room so long as the main driver—entitlements—remains untouched.\u003c/p\u003e\n\n\n\n\u003cp\u003eTypically two-thirds of federal spending is mandatory, including Social Security and Medicare. A much smaller chunk classified as discretionary is approved by Congress every year, with the single biggest line item going towards defense. Finally, about a tenth of the budget is earmarked for servicing the national debt.\u003c/p\u003e\u003c/div\u003e","databaseId":4069018,"dateGmt":"2024-11-13T13:19:18","dek":"","description":"Elon Musk plans to make the process of eliminating government waste as transparent and interactive as possible: 'The entertainment value will be epic.'","faq":[],"featuredMediaType":"image","floatingNavContent":"","floatingNavTitle":"","footnotes":null,"id":"cG9zdDo0MDY5MDE4","image":"https://fortune.com/img-assets/wp-content/uploads/2024/11/GettyImages-2179459042-e1731501778540.jpg?resize=1200,600","imageCaption":"Elon Musk plans to make the process of eliminating government waste as transparent as possible.","imageCredit":"Alex Wong—Getty Images","keywords":"","link":"https://fortune.com/2024/11/13/elon-musk-doge-tesla-government-efficiency-donald-trump-white-house/","metaTitle":"Elon Musk pledges ‘maximum transparency’ in new DOGE role, complete with suggestion box and leaderboard for worst examples of government waste","modifiedGmt":"2024-11-13T13:19:41","pageType":"article","platformCD":"own","postId":4069018,"postSettings":{"postSettingsDek":null,"enableSubscriptionPlea":true,"subscriptionPleaDesign":"with-bottom-border","subscriptionPleaPosition":null,"subscriptionPleaTextLined":"\u003cb\u003eHow many degrees of separation are you from the globe's most powerful business leaders? \u003c/b\u003eExplore who made our brand-new list of the \u003ca href=\"https://fortune.com/ranking/most-powerful-people/?\u0026itm_source=fortune\u0026itm_medium=article_tout\"\u003e100 Most Powerful People in Business\u003c/a\u003e. 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